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Jul 23, 2011
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there's a big but there, which is at the same time, you know, owning a home is really a sign of financial stability. if you're able to do it. so, i don't think it's going to be as bad as, you know, the great depression evidence of people who just never invested in the stock market again. but hopefully people will be more responsible about that decision. >> we can only hope. jim carr, communities need the housing market to recover. state and local government, they are expected to shed more than 100,000 jobs in the third quarter. without those property tax revenues they can't fund operations. communities are facing an uphill battle if people can't buy homes, jim. >> right. you're absolutely right. the problem is not as if somehow things are leveling out. we're en route to another 2 million foreclosures and another 2 million in the pipeline on top of that. despite the good news that you talked about earlier at the top shot the reality of it is that more likelihood is that home prices will continue to slide through the end of this year, one good note is nice but it doesn't make a song. and so
there's a big but there, which is at the same time, you know, owning a home is really a sign of financial stability. if you're able to do it. so, i don't think it's going to be as bad as, you know, the great depression evidence of people who just never invested in the stock market again. but hopefully people will be more responsible about that decision. >> we can only hope. jim carr, communities need the housing market to recover. state and local government, they are expected to shed more...
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Jul 31, 2011
07/11
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. >> just how big is the mystery since the highest rating downgraded would be unprecedented. it could cost the u.s. government $100 billion in extra borrowing costs over the term. consumers would also pay. >> we will get back to that in a moment. we wanted to bring you breaking developments. the verdict in the spying trial of two americans that have been held for two years now, you will remember the story. three hikers were arrested two years ago, and iran said they were illegally crossed into iran, and charged them with spying. and one was released and two remained in prison, and they had their day in court in tehran. and now we are told there has been a verdict, but do we know what it is yet? >> reporter: we do not know what the verdict is, but the court had the last session and within one week they will issue the verdict, and according to the attorney for the two that i just talked to, if the verdict is guilty but the sentence is about two years, which is the same time they have served behind bars right now, he was hopeful that would be the case and they would be released.
. >> just how big is the mystery since the highest rating downgraded would be unprecedented. it could cost the u.s. government $100 billion in extra borrowing costs over the term. consumers would also pay. >> we will get back to that in a moment. we wanted to bring you breaking developments. the verdict in the spying trial of two americans that have been held for two years now, you will remember the story. three hikers were arrested two years ago, and iran said they were illegally...
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Jul 16, 2011
07/11
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we pretend the question how big the government should be is how big the deficit should be. they are separate thing. >> built are intertwined. fact or fiction the debt is a new problem? >> we've been building this accumulated national debt about $6,000 per american, taken us 200 years to build that. it's accurate ad lot in the last five years especially since the recession happened in 2008. the truth is debt is not something you can deal with overnight. even if we go to a balanced budget tomorrow which no one is proposing, we would still have a $14 trillion debt. only if we have surpluses would it come down. >> it's not new. we've raised that debt ceiling 100 times in the history of this country. fact or fiction, all debt is bad. >> yes. just not true. just like a family can borrow money for good reasons if they are looking to invest in education or looking to buy a house, but can also borrow money for bad reasons if you just want to go on vacation or pay for your day-to-day expenses. if you're making investments that will make the economy stronger in the long run the debt c
we pretend the question how big the government should be is how big the deficit should be. they are separate thing. >> built are intertwined. fact or fiction the debt is a new problem? >> we've been building this accumulated national debt about $6,000 per american, taken us 200 years to build that. it's accurate ad lot in the last five years especially since the recession happened in 2008. the truth is debt is not something you can deal with overnight. even if we go to a balanced...
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Jul 16, 2011
07/11
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. >> the odds of you standing there with the big check are just north of zero. so, why do we buy a ticket? >> are you ready. >> scott hotel is part of duke university's neuroeconomics team, exploring among other things why smart people make foolish decisions with their money. >> people don't buy a lottery ticket just because they have a chance of winning. they will buy a ticket because over the next couple days it allows them to fantasize what they would do if they won the lottery. in a sense they're paying for that experience rather than a chance for the lottery itself. >> it's not just the lottery. nathan zweig know is firsthand and put his brain to the test with scott's team at duke. >> it's a combination of neuroscience and economics basically using the tools of scanning and other measurement technology that neuroscientists have used for years to study how the human brain evaluates risk and reward over time, which is what investing is all about. >> reporter: from investing to buying a home, to why and how often we go on a spending spree. what researchers are
. >> the odds of you standing there with the big check are just north of zero. so, why do we buy a ticket? >> are you ready. >> scott hotel is part of duke university's neuroeconomics team, exploring among other things why smart people make foolish decisions with their money. >> people don't buy a lottery ticket just because they have a chance of winning. they will buy a ticket because over the next couple days it allows them to fantasize what they would do if they won...
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Jul 25, 2011
07/11
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the big question now, how might wall street react this morning? >> it's unthinkable that this country will not meet its obligations on time. it's just unthinkable that we'd ever do that. >> reporter: a market slide could affect what you pay for mortgages, car loans, financing college. right now, washington is stuck on the timing. democrats and republicans want to tighten this up now. >> i don't think they have they choice. >> reporter: republicans want a short-term deal. cut $1 trillion now. and then, more cuts through the elections. >> and not some short-term gimmick. >> i know the president's worried about this next election. my god. shouldn't we be worried about the country? >> reporter: speaker boehner told conservatives to be ready to make compromises. >> if you break it, you own it. >> reporter: has the world been looking at all of this? one english official says right-wing nutters, as he calls them, in congress, are causing more of a problem for the economic economy than the crisis in europe. >>> the man accused in the massacre and bomb att
the big question now, how might wall street react this morning? >> it's unthinkable that this country will not meet its obligations on time. it's just unthinkable that we'd ever do that. >> reporter: a market slide could affect what you pay for mortgages, car loans, financing college. right now, washington is stuck on the timing. democrats and republicans want to tighten this up now. >> i don't think they have they choice. >> reporter: republicans want a short-term deal....
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Jul 17, 2011
07/11
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soccer team before the big match today. >>> also, you want to get a date with a big star? this is all you have to do. joined the armed services, and then ask for a date on youtube. that's all you have to do, folks. timberlake is heading for the ball. i don't want you going out on those yet. and leave your phone in your purse, i don't want you texting. >> daddy... ok! ok, here you go. be careful. >> thanks dad. >> and call me--but not while you're driving. we knew this day was coming. that's why we bought a subaru. can become romantic just like that. a spark might come from -- a touch, a glance -- it can come along anywhere, anytime. and when it does, men with erectile dysfunction can be more confident in their ability to be ready with cialis for daily use. cialis for daily use is a clinically proven low-dose tablet you take every day, so you can be ready anytime the moment's right even if it's not every day. tell your doctor about your medical condition and all medications and ask if you're healthy enough for sexual activity. don't take cialis if you take nitrates for ches
soccer team before the big match today. >>> also, you want to get a date with a big star? this is all you have to do. joined the armed services, and then ask for a date on youtube. that's all you have to do, folks. timberlake is heading for the ball. i don't want you going out on those yet. and leave your phone in your purse, i don't want you texting. >> daddy... ok! ok, here you go. be careful. >> thanks dad. >> and call me--but not while you're driving. we knew this...
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Jul 24, 2011
07/11
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a big day around new york and around the nation. same-sex marriage in new york came back a long battle in the state legislature. the speaker fought to get it passed. this morning i asked one of the most prominently gay officials about this day. >> it's the place where the lgbt civil rights movement was really born, and to have this state -- i don't meant to soupd so arrogant, but to have the center of the world do this, all eyes are on it. it will help propel this movement forward faster than any of the other states have. >> as we mentioned, come you go up at the bottom of the hour, those marriage ceremonies are set to start at the manhattan city clerk's office. this is a history-making day. new york, the state, the largest state in the union to approve same-sex marriages, and those marriages start today at the bottom of the hour. our coverage will continue. >>> i want to turn to norway where the healing is under way after friday's massacre. a memorial service just wrapped up in the capital of oslo. the death toll now at 93. police
a big day around new york and around the nation. same-sex marriage in new york came back a long battle in the state legislature. the speaker fought to get it passed. this morning i asked one of the most prominently gay officials about this day. >> it's the place where the lgbt civil rights movement was really born, and to have this state -- i don't meant to soupd so arrogant, but to have the center of the world do this, all eyes are on it. it will help propel this movement forward faster...
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that big protective suit did its job. he had only minor injuries. police say the bomb in the car was detonated by someone who was probably near the scene watching that. >>> now to the philippines where a political argument got physical very physical, right in front of television cameras. take a look. >> that furious fighting woman is the mayor. the target of her anger is the court sheriff. she lashed out after he reportedly ignored her order to postpone the demolition of a shanty town until she arrived. she has since apologized and the incident is now under investigation. >>> on to london now, a new wimbledon men's champ celebrating on center court with that one right there. novak joke o vick beating rafael nadal. he came into the tournament as the second seed. he almost liked surprised there. he lost just one match all year long. >>> on to canada now, it's day four of prince william and his wife katherine's first official visit as a married couple. the royals attended a prayer service with the crew of a canadian ship, some anti- monarchy protesters
that big protective suit did its job. he had only minor injuries. police say the bomb in the car was detonated by someone who was probably near the scene watching that. >>> now to the philippines where a political argument got physical very physical, right in front of television cameras. take a look. >> that furious fighting woman is the mayor. the target of her anger is the court sheriff. she lashed out after he reportedly ignored her order to postpone the demolition of a shanty...
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Jul 13, 2011
07/11
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a big win for the national league at the all-star game. highlights now from espn news. >>> good morning. i'm don bell with your espn news update. it's the 82nd mlb all-star game from phoenix, arizona. brian wilson saying hello to the people at home. bottom of the second we go, no score. brian mccann facing david robertson. fly ball to right. jose bautista giving chase, sliding and he makes a beaututul grab. joey bat showing that he's also got glove. he broke the all-time record for votes received by the way for this contest. top of the fourth we go, no score. adrian gonzalez facing cliff lee. advantage, gonzo. he was a home run derby finalist and he gets that one to go. the a.l. takes a 1-0 lead. bottom of the fourth we go, same score. prince fielder from the milwaukee brewers, the left-handed stroke going opposite field, left center field. a three-run homemeun. the nationals -- the national league rather take a 3-1 lead. bruce bochy brings in the beard because things are a littltle dicey. there he is, brian wilson gets paul konerko to gro
a big win for the national league at the all-star game. highlights now from espn news. >>> good morning. i'm don bell with your espn news update. it's the 82nd mlb all-star game from phoenix, arizona. brian wilson saying hello to the people at home. bottom of the second we go, no score. brian mccann facing david robertson. fly ball to right. jose bautista giving chase, sliding and he makes a beaututul grab. joey bat showing that he's also got glove. he broke the all-time record for...
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Jul 23, 2011
07/11
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it's a big, big day four all and many other same sex couples. but it's also a big day for people who are opponents of same sex marriage. we know that there are some protests that are planned for tomorrow. but are you concerned at all about that element taking away from the day inof course people have their beliefs and they have a right to them. your concerned your happy day could also be a hugely controversial day and some of that controversy gets a lot of attention as well? >> i believe it's always going to -- there's always going some controversy behind same sex marriage, but, you know, everyone has their own opinions, their own views and, you know, we respect that as we expect people to respect our beliefs as well. and our ways of being. but really that's not anything that we really -- that at least i'm too concerned about. everyone has a right to say something. >> you alltel us as well, the last lottery. they knew a lot of people would want to get married immediately. courthouses wouldn't be able to handle it. you decided to put your name in
it's a big, big day four all and many other same sex couples. but it's also a big day for people who are opponents of same sex marriage. we know that there are some protests that are planned for tomorrow. but are you concerned at all about that element taking away from the day inof course people have their beliefs and they have a right to them. your concerned your happy day could also be a hugely controversial day and some of that controversy gets a lot of attention as well? >> i believe...
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Jul 3, 2011
07/11
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but she wiped away the tears just in time for the big bash before the big ball. there was a change of outfits. she can boogie in this one. the groom made a humble speech. >> you are a wonderful, sometimes patient woman with me. >> and finally, the piece de resistance, an eye-popping fire work display, for "good morning america," lama hasan, abc new, london. >> and she looked beautiful. a three-day extravaganza there. >> coming up on "good morning america." dramatic finale. the all impopoant closing arguments start on the casey anthony murder trial. we go inside the courtroom. what do the jurors need to hear? >>> plus, gourmet grilling. great food for the fourth. how to make a five-star burger on a 5 buck budget. coming up. hear ye, hear ye! this 4th of july, celebrate the red, white, and blue with ocean spray cranberry, white cranberry, and blueberry juice cocktails. how did you wear this stuff growing up? it's so itchy. thou art not funny. [ fife and drum corps plays ] i feel like i have to wind myself up to deal with the sadness, the loss of interest, the lack
but she wiped away the tears just in time for the big bash before the big ball. there was a change of outfits. she can boogie in this one. the groom made a humble speech. >> you are a wonderful, sometimes patient woman with me. >> and finally, the piece de resistance, an eye-popping fire work display, for "good morning america," lama hasan, abc new, london. >> and she looked beautiful. a three-day extravaganza there. >> coming up on "good morning...
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Jul 22, 2011
07/11
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. >>> a big euro debt deal. a new owner for chrysler and a royal dash duty free, your look at business headlines is straight ahead. >>> coming up, washington fans actually happy jason worth is struggling and nfl owners are ready for football. but are the players? you're watching "first look" on msnbc. [ female announcer ] now you can apply sunblock to your kids' wet skin. new neutrogena® wet skin kids. ordinary sunblock drips and whitens. neutrogena® wet skin cuts through water. forms a broad spectrum barrier for full strength sun protection. wet skin. neutrogena®. >>> welcome back to "first look." i'm lynn berry. here's some of the top stories making news this morning. senior defense officials tell nbc news today the pentagon will announce that both secretary of defense leon panetta and all of the joint chiefs have certified the military is ready to repeal don't ask don't tell. president obama signed the repeal of the military's ban on openly gay troops in december. since then, the military has been preparin
. >>> a big euro debt deal. a new owner for chrysler and a royal dash duty free, your look at business headlines is straight ahead. >>> coming up, washington fans actually happy jason worth is struggling and nfl owners are ready for football. but are the players? you're watching "first look" on msnbc. [ female announcer ] now you can apply sunblock to your kids' wet skin. new neutrogena® wet skin kids. ordinary sunblock drips and whitens. neutrogena® wet skin cuts...
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Jul 25, 2011
07/11
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i don't tell my friends just how affordable it is cus to them i'm still the big roller, the big cheese, ya know? oh, emmitt. baby, what you doing? y-y-yeah! [ clears throat ] [ deep voice ] yeah, babe. in a second. takin' care of some business. it's surprising just how affordable an rv vacation can be. gorving.com and get a free video. or visit an rv dealer. go affordably. go rving. >>> cnn founder ted turner received the service legacy award for his philanthropy from singer's usher's new look foundation which mentors young people. >> i want to thank you from the bottom of my heart for this wonderful, wonderful honor and i believe service is extremely, extremely important and giving back is important and i try and do it in my daily life and to be recognized by this wonderful organization means a lot to me. >> former president bill clinton received the service legacy award last year. usher started his new look foundation 12 years ago. >>> five chinese cubs set a record at the antiques show. the appraiser said it's worth a million dollars, maybe a million and a half. they are made of rye
i don't tell my friends just how affordable it is cus to them i'm still the big roller, the big cheese, ya know? oh, emmitt. baby, what you doing? y-y-yeah! [ clears throat ] [ deep voice ] yeah, babe. in a second. takin' care of some business. it's surprising just how affordable an rv vacation can be. gorving.com and get a free video. or visit an rv dealer. go affordably. go rving. >>> cnn founder ted turner received the service legacy award for his philanthropy from singer's usher's...
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Jul 29, 2011
07/11
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. >> it shot a big hole into the company's results. it will years ago, the ceo and russian prime minister agreed to a partnership with the russian state energy concern. the partnership explicitly forbidden under an agreement with the former french joint venture partner. in may, an arbitration panel ordered siemens to pay damages. another big setback came from the company's health-care operations. the invested heavily in new particle beam therapy to treat cancer. now, it has taken a charge after reevaluating the commercial feasibility of the new technology. the company's other main areas -- heavy machinery and rail transport -- remain strong, but russia says that risks in the global economic outlook are increasing. siemens is already feeling the pressure of increased competition in the wind turbine market. >> the u.s. debt crisis is still unresolved. greece is still struggling with its spiraling debt, and concerns about rome's ability to cut its sovereign debt. italy's borrowing costs soared to almost 6%. the auction was conducted in ab
. >> it shot a big hole into the company's results. it will years ago, the ceo and russian prime minister agreed to a partnership with the russian state energy concern. the partnership explicitly forbidden under an agreement with the former french joint venture partner. in may, an arbitration panel ordered siemens to pay damages. another big setback came from the company's health-care operations. the invested heavily in new particle beam therapy to treat cancer. now, it has taken a charge...
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Jul 27, 2011
07/11
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i don't tell my friends just how affordable it is cus to them i'm still the big roller, the big cheese, ya know? oh, emmitt. baby, what you doing? y-y-yeah! [ clears throat ] [ deep voice ] yeah, babe. in a second. takin' care of some business. it's surprising just how affordable an rv vacation can be. gorving.com and get a free video. or visit an rv dealer. go affordably. go rving. >>> seattle mariners have now lost, 17 games in a row! whoa! >> we are here to rub it in. poor mariners. >> that streak continued last night. struck out -- gosh, 18 times in yankees stadium. mariners 16 games away from the major league record of 23 consecutive losses set by kiran's husband's favorite team in the world, the phillies. >> ali then said in the 6:00 hour of "american morning" that the losingest team in the history of professional sports. >> that is true. we backchecked it. >> to be fair you play more games in baseball so more opportunities to lose. >> world series champions. >> a lesson to be learned here. you can be the losingest team and be the world series champs and have an incredible season
i don't tell my friends just how affordable it is cus to them i'm still the big roller, the big cheese, ya know? oh, emmitt. baby, what you doing? y-y-yeah! [ clears throat ] [ deep voice ] yeah, babe. in a second. takin' care of some business. it's surprising just how affordable an rv vacation can be. gorving.com and get a free video. or visit an rv dealer. go affordably. go rving. >>> seattle mariners have now lost, 17 games in a row! whoa! >> we are here to rub it in. poor...
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Jul 27, 2011
07/11
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you've got this big political crisis. at the same time these companies are telling us how they're doing and how the market and the economy is faring for them, so today we eat get a lot lot more earnings. conoco phillips. we heard from bp yesterday said it had swung to a profit. boeing, we'll hear about this one. also delta and visa, the credit card company. all of these are among the companies that will be reporting here today. i'm tell you, the bottom line is many of these companies are reporting that the economy is getting better, but the clarity is something that they don't have. and we still aren't seeing all that hiring. still kind of this jobless recovery. futures are flat this morning, ali. flat and the bigger picture still, what's going to happen with the debt talks and the merger with canada, according to stephen colbert. >> why do you sound so funny this morning? >> i have a little cold. i'm sorry about that. when you get up so early, you don't realize it until i come and talk to you. >> it's adorable. a lot of
you've got this big political crisis. at the same time these companies are telling us how they're doing and how the market and the economy is faring for them, so today we eat get a lot lot more earnings. conoco phillips. we heard from bp yesterday said it had swung to a profit. boeing, we'll hear about this one. also delta and visa, the credit card company. all of these are among the companies that will be reporting here today. i'm tell you, the bottom line is many of these companies are...
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Jul 21, 2011
07/11
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thank you, my friend. >>> our big story, big story this morning. "atlantis" is heading home. right now it is flying over the pacific ocean. this is not just any shuttle landing, this is the final landing of the space program, of the space shuttle program. watch the landing live this hour right here on cnn in less than half an hour. >>> first, get ready for the struggle today. it is national day of tug-of-war. when you go to work, have some laughs, get out some frustration, take the staff out back for a quick tug. if that's just too much for you, there are tug-of-war apps for your smartphone, believe it or not. it is national day of tug-of-war. 21mint after the hour. [ diane lane ] is your anti-wrinkle cream gone... but not your wrinkles. new neutrogena® rapid wrinkle repair. its retinol formula smoothes wrinkles in just one week. why wait if you don't have to. neutrogena®. >>> 23 minutes after the hour. here are three things you need to have on your radar today. 10:00 a.m. eastern -- the federal election commission holds an open hearing reviewing an audit of john edwards' 2
thank you, my friend. >>> our big story, big story this morning. "atlantis" is heading home. right now it is flying over the pacific ocean. this is not just any shuttle landing, this is the final landing of the space program, of the space shuttle program. watch the landing live this hour right here on cnn in less than half an hour. >>> first, get ready for the struggle today. it is national day of tug-of-war. when you go to work, have some laughs, get out some...
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Jul 27, 2011
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or is that a big bluff? >> well, we have got some wiggle room, it's the second most o and b statement, the first is that he will veto it. so there is wiggle room to it. >> that is specific to the boehner plan as it stands now. >> the boehner plan as it stands now is -- >> it's going to change. whatever gets to his desk he will sign. >> he's going to sign it. >> whatever goes to his desk, though. the question is what's going to get to his desk. i think the most likely outcome is you're going to see a 10, 20 or 30-day extension. look, boehner doesn't have the votes, he doesn't have the votes when they thought it was 1.2. >> are they going to take a vote tomorrow? they're supposed to take a vote tomorrow. >> the best thing to happen to him yesterday was the cbo, boehner. he was looking for a reason to delay and stall. because he didn't have the votes, at least the cbo bought him a day to try to find him more votes, but the fact is that democrats are disciplined here. you know there's about five to eight that al
or is that a big bluff? >> well, we have got some wiggle room, it's the second most o and b statement, the first is that he will veto it. so there is wiggle room to it. >> that is specific to the boehner plan as it stands now. >> the boehner plan as it stands now is -- >> it's going to change. whatever gets to his desk he will sign. >> he's going to sign it. >> whatever goes to his desk, though. the question is what's going to get to his desk. i think the...
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Jul 23, 2011
07/11
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. >>> and for anyone who's wanting to know what's the next big thing in popular culture? we'll bring you the most exciting event of the year. every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. personal pricing now on brakes. tell us what you want to pay. we do our best to make that work. deal! my money. my choice. my meineke. >>> goats are now roaming and grazing in idaho, the city hired the goats to eat noxious weeds in a 680-acre reserves. the weeds choke out the native plants if left alone. the goats are expected to kbraz for about a week. >>> all right, well it's a good thing they have those weeds because in many other parts of the country, there's drought and though everything, all kinds of vegetation, crops, et cetera, are dying. >> it is actually the extremely serious situation especially across the state of texas righ
. >>> and for anyone who's wanting to know what's the next big thing in popular culture? we'll bring you the most exciting event of the year. every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. personal pricing now on brakes. tell us what...
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Jul 30, 2011
07/11
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as a big u.s. debt holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. so those parts of our economy exposed to the tourist sector, and we've done a lot and spent a lot of money promoting australia overseas are not going to benefit so greatly from that. >> reporter: in tokyo, some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's the exact replay of what we went through in japan 10, 15 years ago. >> reporter: however the debate plays out in washington, experts say the financial ripples will be felt around the world. >> it's an issue that really is lurking in the background of each and every economy of the world. >> reporter: jonathan mann reporting. >>> all right. we've got a story we want you to stick around for coming up next. could you believe that a soldier actually served ten tours in a war zone. i want to tell
as a big u.s. debt holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. so those parts of our economy exposed to the tourist sector, and we've done a lot and spent a lot of money promoting australia overseas are not going to benefit so greatly from that. >> reporter: in tokyo, some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's...
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Jul 25, 2011
07/11
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. >>> thousand to the big stories in the week ahead to capitol to tinsletown. we begin tonight at the pentagon. >> i'm chris lawrence at the pentagon and coming up this week, new defense secretary leon panetta who we can't call new for much longer will welcome israeli defense minister ehud barak to the pentagon for some talks and the pentagon will also wrestle with how to implement the repeal of don't ask, don't tell. because of the defense of marriage act certain benefits, housing benefit also not be able to be given to same-sex couples. that means some troops could get some benefits and other similar troops not getting them. something the pentagon will have a long time and lot of work to do to take care of. >> i'm paul steinhauser. chris christie is in iowa. he hasn't changed his mind about running for the president but there to speak about an education summit. but plenty of people will be in the state that votes first in the caucuses and primaries. michele bachmann, tim pawlenty and ran sanatorium all campaigned there. >> i'm poppy harlow in new york. report
. >>> thousand to the big stories in the week ahead to capitol to tinsletown. we begin tonight at the pentagon. >> i'm chris lawrence at the pentagon and coming up this week, new defense secretary leon panetta who we can't call new for much longer will welcome israeli defense minister ehud barak to the pentagon for some talks and the pentagon will also wrestle with how to implement the repeal of don't ask, don't tell. because of the defense of marriage act certain benefits,...
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Jul 21, 2011
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. >> and another political big wig takes exception on a big question of where he plans to send his kids to school. >> first off, it is none of your business. >>> and we begin with the debt ceiling fight, and the republicans unable to agree to disagree, and here is the level of confusion coming from the gop on the ongoing debt debate. this morning the washington post set the stage for a potential breakthrough reporting on the editorial page right here that grover norquist, the anti-tax guru of the right said that allowing the bush era tax cuts to expire would not be a violation of the tax pledge that nearly every member of congress has resigned which is a significant concession. problem solved? not exactly. within hours norquist told my colleague chris jansing this right here on msnbc on jansing & company. >> i can be clear, americans for tax reform would oppose any effort to weaken, reduce or not continue the 2001-2003 bush tax cuts and any changes of the taxes should be kept separate from the budget deal. >> moments ago, the post released audio of norquist supporting their editorial, b
. >> and another political big wig takes exception on a big question of where he plans to send his kids to school. >> first off, it is none of your business. >>> and we begin with the debt ceiling fight, and the republicans unable to agree to disagree, and here is the level of confusion coming from the gop on the ongoing debt debate. this morning the washington post set the stage for a potential breakthrough reporting on the editorial page right here that grover norquist,...
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Jul 24, 2011
07/11
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it's a big question too. and i think there's so much misinformation out there, and i will immediately disclaim that i am not the expert in this field. although i am pretty literate. i'm pretty literate in this particular issue, because of people that are in my life and my mentors and people that i surround myself, because i really want to understand what the problem is. latinos in america are american and i think we forget that we're trying to categorize every mexican or every mexican american as illegal or undocumented and that's just not true. nobody wants illegal immigration. you know, what happened in arizona, i think, created a dialogue that we needed to have. and for immigration, it's been on the administration -- on the agenda for the past three administrations. so people like to blame obama and they're going to blame a lot of people for it -- >> well, there's this huge expectation with obama, because he's the first african-american president. so of all people, you would expect him to understand about
it's a big question too. and i think there's so much misinformation out there, and i will immediately disclaim that i am not the expert in this field. although i am pretty literate. i'm pretty literate in this particular issue, because of people that are in my life and my mentors and people that i surround myself, because i really want to understand what the problem is. latinos in america are american and i think we forget that we're trying to categorize every mexican or every mexican american...
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Jul 23, 2011
07/11
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by the 1880s, big companies, what we called big pharma, were calling it big dos. by then, the secret was out. >> it was the miracle drug. if you had a stomach ache or you needed interest. if you had tuberculosis or asthma. if you had all sorts of things, it was going to cure what you had. this was how it was advertised. >> for the park davis company, cocaine was a blockbuster. others sold it, too. one popular product was vi vin mariani. endorsed by thomas edison, queen victoria. french bordeau with six ounces of cocaine in every bottle. then a copy cat wine. >> the great mother of invention. he took cola nuts and syrup and made the refreshing drink we call coca-cola. >> he wrote in an 1895 letter. >> i need a lot of cocaine. >> he finally stopped using it after he and a friend of his used cocaine on a patient and nearly killed her. >> by then, other doctors worried, too. >> too many people were taking too much cocaine and they were presenting as addicts who needed the stuff. they could not live without it. that is when doctors began to say, huh, we better rethink
by the 1880s, big companies, what we called big pharma, were calling it big dos. by then, the secret was out. >> it was the miracle drug. if you had a stomach ache or you needed interest. if you had tuberculosis or asthma. if you had all sorts of things, it was going to cure what you had. this was how it was advertised. >> for the park davis company, cocaine was a blockbuster. others sold it, too. one popular product was vi vin mariani. endorsed by thomas edison, queen victoria....
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Jul 23, 2011
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i lost my hair and a big mouth gone for me. i love my hair, i'm a barber, i cutting hair, so i love my hair. i lost that and i thought i lost my life. >> let me see your head. >> it's ashy. i ain't shaved. >> on top? >> i know you got the hookup on that. >> glass' job as a prison barber has allowed him to not only change the way other inmates look, but the way he sees them as well. robert burzee is one of his regulars. >> i sat right here in this chair and said -- >> no, the first time you asked me to cut your hair, i wasn't willing to cut your hair. i thought you were gay. i used to gay bash because i had a homophobia nature. i think everybody does when they're young and in the penitentiary because you think everybody wants you. and you don't want anybody coming at you like that. >> they call you bra-zee now. >> huh? i didn't get that e-mail. what are you talking about? bra-zee. like his last name. make kind of a joke out of it. which is kind of funny, you know. >> so you don't have a problem cutting gay guys' hair? >> as long
i lost my hair and a big mouth gone for me. i love my hair, i'm a barber, i cutting hair, so i love my hair. i lost that and i thought i lost my life. >> let me see your head. >> it's ashy. i ain't shaved. >> on top? >> i know you got the hookup on that. >> glass' job as a prison barber has allowed him to not only change the way other inmates look, but the way he sees them as well. robert burzee is one of his regulars. >> i sat right here in this chair and...
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Jul 31, 2011
07/11
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that's a pretty big chip to pull out. and i disagreed with that. and we -- >> what do you mean by that, do you think? >> i think when you understand the material, you understand it. and when you don't get it, you might think that i'm negative towards my own people. >> also strikes me as strange. i've met jay leno, five or six times on his show. he's always been unbelievable courteous. comes back, chat, cup of coffee, have a laugh and yet he seems to attract, from all of his competitors, extraordinary amount of antipathy. >> there's not a -- there's not a union of super heroes amongst late night talk show hosts. i just met david letterman really for the first time i did his show. i waited 28 years to do it. i've known conan for a while. i know jimmy kimmel, craig ferguson. to a man, i think one thing we agree on is we're all not crazy about jay leno. >> why is that? >> i don't know. i think in our own personal dealings, some people get along and some people don't. >> is he much more competitive than people realized, do you think? >> i don't -- you k
that's a pretty big chip to pull out. and i disagreed with that. and we -- >> what do you mean by that, do you think? >> i think when you understand the material, you understand it. and when you don't get it, you might think that i'm negative towards my own people. >> also strikes me as strange. i've met jay leno, five or six times on his show. he's always been unbelievable courteous. comes back, chat, cup of coffee, have a laugh and yet he seems to attract, from all of his...
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Jul 30, 2011
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is not powerful now as a big u.s. debt holder china will for sure be affected. >> reporter: in australia, too. >> makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit so greatly from that. >> reporter: in tokyo some economic experts see history repeating itself. they compared the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's exact replay of what we went through in japan 10, 15 years ago. >> reporter: however the debate plays out in washington, experts say the financial ripples will be felt around the world. >> it's an issue that really is lurking in the background of each and every economy of the world. >> reporter: jonathan man reporting. >> seven minutes past the hour. the politics of a deadline deal, anybody going to come out of this looking good? does it matter at this point? maria and lenny always looking good. we'll see if they sound
is not powerful now as a big u.s. debt holder china will for sure be affected. >> reporter: in australia, too. >> makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit so greatly from that. >> reporter: in tokyo some economic experts see history repeating itself. they compared the current u.s. debt crisis to japan's crippling...
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Jul 24, 2011
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another big heat wave coming by the end of the week. talking about this right now, some nasty storms that rolled through chicago yesterday. more on the way today. take a look at this video. we had cars flooded out there, homes flooded. it created a mess with a record rainfall nearly 7 inches of rain most of which fell in just a two-hour period early yesterday morning there in chicago. as we look at the radar, more storor actually moving in from the west there today, so we're going to be keeping a close eye on that, and we also have a little bit of stormy stuff to talk about. this actually takes us to the heat across the midwest >> all right. dan and bianna? >> thank you, amber. >>> coming up, an in-depth look at the high highs and very low lows of the short life of amymy winehouse. she is now part of an extraordinary list of rock legendndwho died at the age of 27. could any of this have been prevented? >>> plus, new questions about dna evidence in the amanda knox case will be front and center at her appeals hearing this week. is it enou
another big heat wave coming by the end of the week. talking about this right now, some nasty storms that rolled through chicago yesterday. more on the way today. take a look at this video. we had cars flooded out there, homes flooded. it created a mess with a record rainfall nearly 7 inches of rain most of which fell in just a two-hour period early yesterday morning there in chicago. as we look at the radar, more storor actually moving in from the west there today, so we're going to be keeping...
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Jul 17, 2011
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. >> he put up a big sign in front of his clinic that said, women need abortions and i'm going to do them. he felt, this is legal. it's a required service. and i'm going to do it. >> there was never any question in my mind that i was not going back to work the next day. i was going to work, hell or high water. i am not going to be run over. i'm not going to be run out. just that simple. mark and jennifer were riding through france when they had a yaet meal and discovered it was due to a special salt that was used. they brought it back and sold knit their portland, oregon, stow, the meadow. word of mouth brought in customers, famous chefs and an expansion to new york city. for more watch "your business" sunday mornings at 7:30 on msnbc. almost tastes like one of jack's cereals. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! [ jack ] yeah, this is pretty good. [ male announcer ] half a day's worth of fiber. fiber one. [ jack ] yeah, this is pretty good. somewhere in america, a city comes to life. it moves effortlessly, breathes easily. it
. >> he put up a big sign in front of his clinic that said, women need abortions and i'm going to do them. he felt, this is legal. it's a required service. and i'm going to do it. >> there was never any question in my mind that i was not going back to work the next day. i was going to work, hell or high water. i am not going to be run over. i'm not going to be run out. just that simple. mark and jennifer were riding through france when they had a yaet meal and discovered it was due...
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Jul 25, 2011
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which right now is a big assumption. >> big assumption. >> huge. >> a lot of fuddy-duddy math. >> still not getting serious. >> i went away from fuzzy. >> all fuzzied up? is that like, fuddy-duddy? >> yes. >> moving beyond the 2000 election. so -- all right. >> you know -- are you surprised they don't have a deal today? because i actually, really -- i mean, i really thought -- >> i would be shocked if they don't have a deal in the next two or three days. i -- again, republican freshmen may have a big ideological difference with barack obama and his world view. it is no more -- the divide is no greater than ronald reagan's was with tip o'neill in 1983, when they sat down, and did a deal. the same with newt gingrich and bill clinton in the 1990s. i mean, yes. you differ with barack obama and the democrats, but -- you get the bill. >> usually you're good at seeing someone's angle. what's the angle? >> i see the angle. these republicans believe this is their only opportunity to -- >> are they so stuck to their -- >> do you want knee answer -- >> that they cannot even think outsided box for
which right now is a big assumption. >> big assumption. >> huge. >> a lot of fuddy-duddy math. >> still not getting serious. >> i went away from fuzzy. >> all fuzzied up? is that like, fuddy-duddy? >> yes. >> moving beyond the 2000 election. so -- all right. >> you know -- are you surprised they don't have a deal today? because i actually, really -- i mean, i really thought -- >> i would be shocked if they don't have a deal in the next...
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Jul 30, 2011
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i know a big part of that workout time for you is just building up some confidence. you hadn't done a lot of these things before. how is your confidence level overall as you're approaching this? >> i think it's drastically improved since hawaii. i mean my longest bike ride today was -- or to date has been 30 miles. >> wow. >> i've been able to swim a mile in lake michigan and been able to walk, run six miles necessary for the race. >> that's fantastic. i mean that's -- you're already -- sounds like you're ready right now. that's really great. >> yeah. yeah. >> a lot of people, you know, were curious about you and, you know, watch you and think, could i do this myself? what would you tell people? anybody who wants -- you never done this before, about to do a triathlon, a challenging physical event. can anybody do this, do you think? >> i think for the most part. i mean, i think it's just taking it one step at a time and really just setting realistic goals for yourself. i think that's very important. >> for us, as you know, we talked a lot about this, the goal is reall
i know a big part of that workout time for you is just building up some confidence. you hadn't done a lot of these things before. how is your confidence level overall as you're approaching this? >> i think it's drastically improved since hawaii. i mean my longest bike ride today was -- or to date has been 30 miles. >> wow. >> i've been able to swim a mile in lake michigan and been able to walk, run six miles necessary for the race. >> that's fantastic. i mean that's --...
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Jul 16, 2011
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it was kind of like a big shock. the news started broadcasting that there was a killer running around south beach. and it was total fear. >> absolute unbelievable shock that this was a public figure in our neighborhood that was murdered in a very brutal and public way. that was the news coming to life in a way that i had never experienced before. so you're kind of dazed and confused. you have the wind knocked out of you. >> only hours after versace's murder police make a crucial discovery. in a south beach parking garage not far from versace's mansion they found some clothe stuffed urn a red chevy pickup truck. the vehicle is traced back to william reese the new jersey man believed to have been murdered by andrew cunanan. >> that was just found within the last 24 hours. that links cunanan to the murder scenes and so many places and has fut evidence linking him to it. it was we felt a key piece of evidence. >> inside the vehicle investigators find a reseptember indicating the truck had been parked in the garage since
it was kind of like a big shock. the news started broadcasting that there was a killer running around south beach. and it was total fear. >> absolute unbelievable shock that this was a public figure in our neighborhood that was murdered in a very brutal and public way. that was the news coming to life in a way that i had never experienced before. so you're kind of dazed and confused. you have the wind knocked out of you. >> only hours after versace's murder police make a crucial...
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Jul 25, 2011
07/11
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that's our big question at this point. has the economy suffered any kind of a little bit of a setback. growing more slowly than we had thought or hoped. that's what we'll be looking at this week. it's interesting, there's a conundrum here. corporate profits that have been doing quite well, we're going to be hearing more and more from big companies about how their profits are, but what you're hearing from the ceos, while the profits are coming back, they're finding that the u.s. economy as a whole is subpar so that's what we'll be looking forward to see how that's playing out this week. >> so good to have you back on the show and i will see you in 25 minutes on "american morning." >> 25 minutes. >> and i hope you got a good night of sleep last night because i think you and i will be working hard this week with this debt ceiling stuff. >> i think you're right. >>> now back to our businessman special, apple wants to build the largest store in the world in new york city's grand cen stral station. proposing a 23,000 foot store
that's our big question at this point. has the economy suffered any kind of a little bit of a setback. growing more slowly than we had thought or hoped. that's what we'll be looking at this week. it's interesting, there's a conundrum here. corporate profits that have been doing quite well, we're going to be hearing more and more from big companies about how their profits are, but what you're hearing from the ceos, while the profits are coming back, they're finding that the u.s. economy as a...
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Jul 19, 2011
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little fish meet big fish, chomp. about 12 hours from right now, rupert murdoch and his son james murdoch will be testifying about the phone hacking scandal that's now threatening to take down at least some of the murdoch media empire ahead of what is expected to be must-see tv here on msnbc naturally, news corp has provided a statement to nbc news, which essentially sets up the murdoch defense. it reads in part, quote, reject the notion that the issues at news international are somehow indicative of our culture. this was an isolated incident. this hacking stuff, this is not how we at news corp do business. it was one little paper. the rest of us don't even recognize that behavior. it is key to rupert murdoch surviving the scandal. this is a "news of the world" problem, they'll say, not a murdoch inc. problem. only problem with that defense, oh, hello there, mr. floor ad guy. excellent media reporter for the new york times wrote today, the way news corp cleaned up this alleged hacking scandal, u.s. hacking scandal wit
little fish meet big fish, chomp. about 12 hours from right now, rupert murdoch and his son james murdoch will be testifying about the phone hacking scandal that's now threatening to take down at least some of the murdoch media empire ahead of what is expected to be must-see tv here on msnbc naturally, news corp has provided a statement to nbc news, which essentially sets up the murdoch defense. it reads in part, quote, reject the notion that the issues at news international are somehow...
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big day here. >> big day for beyonce and the rest of her fans. >> for some of your your local news is next. rest world. yikes, this color just sucks the life out of me. i was just gonna say that! about this flat haircolor! [ gigi ] try nice 'n easy anti-flat, always dimensional. in one simple step, get tones and highlights built into every shade with nice 'n easy. [ female announcer ] now, just pop, click, switch your lids whenever you like! choose from over 20+ colors and designs. the new dell inspiron r series laptops with switchable lids, powered by the 2nd generation intel® core™ processor family: not just smart, visibly smart. call or click to get this fully loaded and totally protected inspiron 15r today! ♪ [ intel bong ] [ male announcer ] know the feeling? try acuvue® oasys brand contact lenses with hydraclear® plus for exceptional comfort. it feels like it disappeared on my eye! [ male announcer ] discover why it's the brand eye doctors trust most for comfort. acuvue® oasys brand. [ female announcer ] find yourself sometimes cleaning up after your dishcloth? bounty ex
big day here. >> big day for beyonce and the rest of her fans. >> for some of your your local news is next. rest world. yikes, this color just sucks the life out of me. i was just gonna say that! about this flat haircolor! [ gigi ] try nice 'n easy anti-flat, always dimensional. in one simple step, get tones and highlights built into every shade with nice 'n easy. [ female announcer ] now, just pop, click, switch your lids whenever you like! choose from over 20+ colors and designs....
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Jul 24, 2011
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behind those stories are real people, including one guy who has a big mission. next week, capitol hill is going to feel the force. >> hey, dr. gupta? >> yes, sir? >> you're it. >> i'm it. >> max paige only knows one pace, full steam ahead. you've probably seen max before, even though you might not know it. remember this volkswagen ad from super bowl xlv? darth vader? nope, just max. and within mere seconds of meeting him, max was asking about my daughters. >> 3 the-year-old. >> let me guess. 4-year-old, 10-year-old and 6-year-old. >> got it. how did you know? >> we're at the children's hospital of los angeles with max and his brother to see dr. michael soka. max has a pacemaker. actually, it's his third and he's only 6 years old. for parents jennifer and buck, the first sign of trouble came before max was even born. >> my 38-week appointment, we found out that max had structural damage to his heart. they didn't know -- they couldn't get a good heartbeat. they took him emergency c-section, he was born in a whirlwind. >> the last feeling i remember is it's almost
behind those stories are real people, including one guy who has a big mission. next week, capitol hill is going to feel the force. >> hey, dr. gupta? >> yes, sir? >> you're it. >> i'm it. >> max paige only knows one pace, full steam ahead. you've probably seen max before, even though you might not know it. remember this volkswagen ad from super bowl xlv? darth vader? nope, just max. and within mere seconds of meeting him, max was asking about my daughters. >>...
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Jul 16, 2011
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that's a big deal. >> yeah, absolutely a big deal. a lot of apps out there. one is caused flight view. i like this one a lot, helps you track flight changes and also tripping. it's great, it's free and it really helps you bring all owes itineraries. when we book flights, we're doing rental cars, hotels, things to do and attractions. this can build one easy to read itinerary so that when you travel, all the information is there for you at your fingertips. >> mario, always good stuff. do me a favor as always. what is that one he said, what did he say, shoot me a quick e-mail so i can pass those along to everybody. >> give you a list of them. >> that would be awesome. mario, thanks so much. and four viewers, join us here every saturday for digital expert mario armstrong has the latest scoop on all the latest technology. also, take a look and listen right now to the reception that rupert murdoch is getting these days in some places. >> shame on you! stham on you shame shame on you! >> yeah, this is some of the reaction in london over that tabloid hacking scandal.
that's a big deal. >> yeah, absolutely a big deal. a lot of apps out there. one is caused flight view. i like this one a lot, helps you track flight changes and also tripping. it's great, it's free and it really helps you bring all owes itineraries. when we book flights, we're doing rental cars, hotels, things to do and attractions. this can build one easy to read itinerary so that when you travel, all the information is there for you at your fingertips. >> mario, always good stuff....
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Jul 15, 2011
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prosecutors messed up big time showing jurors banned video evidence. it's a big goof. the judge said a first-year law student would have known better. we find out in september whether the case will be retried. let's go to pablo torre. this was amazing, the legal wrangling has been going on in this case for years. it's cost taxpayers a lot of money. >> this is incredibly humiliating for federal prosecutes, the government including the fbi, has spent millions of dollars hunting roger clemens and now after day two of his trial for perjury, they need what amounts to a redo, which is obviously far more acceptable in a round of golf than it is in a perjury trial. and the judge, as you said, goes off on the federal prosecutors and for any fans out there who argued and maintained from the start it was a waste of money to prosecute and try baseball players with tax dollars, this is really proof that they were right in the beginning. >> the prosecutor walked out without any comment. really dressed down by the judge. by the way, this wasn't even asked for by the defense, this is
prosecutors messed up big time showing jurors banned video evidence. it's a big goof. the judge said a first-year law student would have known better. we find out in september whether the case will be retried. let's go to pablo torre. this was amazing, the legal wrangling has been going on in this case for years. it's cost taxpayers a lot of money. >> this is incredibly humiliating for federal prosecutes, the government including the fbi, has spent millions of dollars hunting roger...
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Jul 29, 2011
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that balanced budget amendment is the big sticking point. harry reid wants to vote down the house republican plan and has a plan of his own. one increase in the debt ceiling would allow the president to borrow another $2.4 trillion. it would have about $2.2 trillion in cuts to offset the new borrowing. some from save negotiation afghanistan and iraq. the republican doesn't trust the math and a committee that would have to be formed for additional deficit reduction steps. that is where we stand. the house republicans have their plan, the democrats do have theirs? can they work out a compromise by monday night, august 2nd, at midnight. the government would have less money coming in than it needs to pay out in bills. eric ericson, as a conservative, what is the line? do you want any deal? don't go to the point where we might have a default? or is it a balanced budget amendment, size of the spending cuts? what is the red line for conservatives in a compromise negotiation, what should it be? >> you know, i tend to agree with jeff lake, send s.j.
that balanced budget amendment is the big sticking point. harry reid wants to vote down the house republican plan and has a plan of his own. one increase in the debt ceiling would allow the president to borrow another $2.4 trillion. it would have about $2.2 trillion in cuts to offset the new borrowing. some from save negotiation afghanistan and iraq. the republican doesn't trust the math and a committee that would have to be formed for additional deficit reduction steps. that is where we stand....
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Jul 16, 2011
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it is the big story. the focus on the weather for some time to come. >> not just hot, but dangerous heat. was it last summer or the summer before when it got so hot in chicago and a number of people died in the heat wave there? >> scary times. >>> 13 minutes past the hour. i think we figured out. we talked about the minnesota shutdown. two weeks ago, we had the players on. we may have found a reason why they decided to compromise. to our viewers, a deal close now that would end the government shutdown in minnesota. the democratic governor said he will accept the republican proposal with a few modifications. he will call a special session next week to try to end the two-week shutdown. closed state parks. 22,000 state workers went home. this may be the thing to get them to the bargaining table. beer. the makers of miller beer and coors are victims to the shutdown because their liquor license expired and the problem here is, reynolds, to get it renewed, they need state workers to process the paper work. they
it is the big story. the focus on the weather for some time to come. >> not just hot, but dangerous heat. was it last summer or the summer before when it got so hot in chicago and a number of people died in the heat wave there? >> scary times. >>> 13 minutes past the hour. i think we figured out. we talked about the minnesota shutdown. two weeks ago, we had the players on. we may have found a reason why they decided to compromise. to our viewers, a deal close now that would...
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Jul 18, 2011
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. >> mark zandi, we can pass august 2nd and it won't be a big deal. i'll give you a few seconds to look them in the eye and say, you're wrong. >> yeah, i think you're wrong. now, of course, i don't know for sure. this is unprecedented but there is a $23 billion social security payment due on august 3rd that is not at all clear that there will be enough cash in the treasury to make that payment. so i think david is right. why would you want to take that chance? tp doesn't make sense. not for the social security recipients or for the economy or entire global financial system. >> david walker, the president meets with speaker boehner over the weekend and they are clearly not making any tangible progress. the house will go forward this week and senate will most likely vote on a balanced budget amendment and some other things that simply, to be honest, can't pass or even if they did pass the president would veto. they will move to the mcconnell plan and convince the republicans that they have your vote. do those votes undermine confidence in the market in
. >> mark zandi, we can pass august 2nd and it won't be a big deal. i'll give you a few seconds to look them in the eye and say, you're wrong. >> yeah, i think you're wrong. now, of course, i don't know for sure. this is unprecedented but there is a $23 billion social security payment due on august 3rd that is not at all clear that there will be enough cash in the treasury to make that payment. so i think david is right. why would you want to take that chance? tp doesn't make sense....
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Jul 21, 2011
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there are three different big deals out there. number one is what the president and speaker boehner and eric cantor are negotiating, which is, yes, a big deal that is separate from anything the gang of six in the senate is working on. and then of course there's mcconnell-reid. one thing that's going on in the last 24 to 48 hours, is any deal that's mcconnell-reid that includes this idea of sort of the disapproval vote, giving the president more power to raise the debt ceiling, that thing has grown to the point of almost being toxic with some house republicans. in fact, they hate it so much, they may prefer to negotiate with the president directly. but for the white house, getting the 217 means making a deal acceptable to at least some of those houses with 87 new members. the man who's made himself their standard bearer, majority leader eric cantor put it this way. >> one-third of the republican conference and one-quarter of the entire house of representatives are freshmen, they're new. many of them have never served in public offi
there are three different big deals out there. number one is what the president and speaker boehner and eric cantor are negotiating, which is, yes, a big deal that is separate from anything the gang of six in the senate is working on. and then of course there's mcconnell-reid. one thing that's going on in the last 24 to 48 hours, is any deal that's mcconnell-reid that includes this idea of sort of the disapproval vote, giving the president more power to raise the debt ceiling, that thing has...
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Jul 26, 2011
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>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been following it, where do the -- do both plans stand right now? you have harry reids and john boeh
>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real...
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Jul 17, 2011
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but whether the house republicans would accept that or not, it's a big, big question. it seems to me that's the lead horse. that's the lead solution, a version of the mcconnell plan, with throwing in the spending which i think would be a good idea which leaves $1.5 trillion of spending cuts. the republicans have been sending some signals and in which case -- >> that's exactly right. diane is a chief economist. diane, ben bernanke called it calamatist not to raise the debt ceiling. both have warned that they will downgrade the always u.s. stall lar aaa credit rating. let's tall about consequences from an economist perspective. if the u.s. fails to raise the debt ceiling on august 2nd, what does it mean for our already struggling economic recovery? >> well, it's incredibly bad news. it could be enough to push us into a recession, depending on how far immediately they would have to do 40 to 45% cuts in spending just right off the top of the board. how long that would last? my plan would be that i would stop paying congress for not doing their job and i think the real issu
but whether the house republicans would accept that or not, it's a big, big question. it seems to me that's the lead horse. that's the lead solution, a version of the mcconnell plan, with throwing in the spending which i think would be a good idea which leaves $1.5 trillion of spending cuts. the republicans have been sending some signals and in which case -- >> that's exactly right. diane is a chief economist. diane, ben bernanke called it calamatist not to raise the debt ceiling. both...
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Jul 23, 2011
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and for our big number. to go back how far our government's debt goes, believe it or not to 1790 when the government bonds were issued to pay off the revolutionary war. how much is owed to people many the george washington administration? $55,757. i wonder what the fo that one. that is tonight's big number. that's "hardball" for now. chris will be back on monday. up next "your [ male announcer ] we asked real people if they'd help us with an experiment for febreze fabric refresher. they agreed. [ experimenter 1 ] relax, take some nice deep breaths. [ experimenter 2 ] what do you smell? lilac. clean. there's something that's really fresh. a little bit beach-y. like children's blankets. smells like home. [ experimenter 1 ] okay. take your blindfolds off. ♪ hello? [ male announcer ] and now new and improved febreze fabric refresher with up to two times the odor elimination so you can breathe happy, guaranteed. my old contacts would sometimes move and blur my vision. then my eye doctor told me about acuvue® o
and for our big number. to go back how far our government's debt goes, believe it or not to 1790 when the government bonds were issued to pay off the revolutionary war. how much is owed to people many the george washington administration? $55,757. i wonder what the fo that one. that is tonight's big number. that's "hardball" for now. chris will be back on monday. up next "your [ male announcer ] we asked real people if they'd help us with an experiment for febreze fabric...
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Jul 28, 2011
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apart from the debt situation, there are big earnings numbers out, nina. >> there are indeed. let's turn our attention away from debt towards ek wiltquitie. siemens, its profit almost halved dropping to $1.1 billion in total for the quarter and falling short of analyst expectations. its earnings slide is due to one of charges and it remains confident that its profit to the earned of september will exceed $10.8 billion. with more on those figures and what the future might hold for siemens, let's go to its ceo. thank you for coming on "world business today" today, mr mr. lucia. why did your expectations come in disappointing the market? why was it? >> we basically have one of charges and a very important one was in the -- with a very highly innovative pioneering technology for cancer and the technology is feasible but commercially not ready. so this is a classic case where you work on a high-tech innovation project and you realize that it's not yet prime time. >> when will it be prime time? you're talking about a therapy treatment for cancers. but won't they need much more inves
apart from the debt situation, there are big earnings numbers out, nina. >> there are indeed. let's turn our attention away from debt towards ek wiltquitie. siemens, its profit almost halved dropping to $1.1 billion in total for the quarter and falling short of analyst expectations. its earnings slide is due to one of charges and it remains confident that its profit to the earned of september will exceed $10.8 billion. with more on those figures and what the future might hold for siemens,...